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Iran to declare ‘restricted’ maritime zone beyond Strait of Hormuz: Top security official

- Any vessel entering new zone will be placed on sanctions list, says Mohsen Rezaei

07.09.2026 General

Trump's strategic oil releases to curb prices erode US energy security

- By tapping Strategic Petroleum Reserve against geopolitical supply shocks, US gains short-term price stability at cost of shrinking its long-term energy security buffer

04.09.2026 Oil

US crude oil inventories down 1% in week ending Aug. 28

- Daily crude oil production rises to around 13.86 million barrels per day

03.09.2026 Oil

Venezuela signs major energy deals with Chevron, Eni during US visit

- Agreements include billions in planned investment as Caracas seeks to revive oil and power sectors

03.09.2026 Oil Energy Diplomacy

US-Iran tensions over Strait of Hormuz lift oil prices

- Renewed tensions raise concerns over oil shipments through the strategic Strait of Hormuz

31.08.2026 Oil

US secures majority control of 65B barrels of Venezuelan oil: Trump

- Venezuela's acting president says agreement to secure more than $100B investment, generate $209B in taxes for country

29.08.2026 General

Iran transfers $7.5B in oil revenues to central bank despite US naval blockade: Report

- Oil revenues in first 4 months of Iranian year reach 99% of amount projected in state budget

29.08.2026 General

US oil rig count down for week ending Aug. 28

- Number of US oil rigs up by 35 compared to one year ago

29.08.2026 Oil

US CENTCOM claims shipping lanes open in Strait of Hormuz

- Commander says US forces cleared sea mines, assisted nearly 1,500 commercial vessels

28.08.2026 Oil Energy Diplomacy

US seeking ownership stake in Venezuela oil: Report

- Potential deal would cover more than a dozen productive fields with 90B barrels in proven reserves

28.08.2026 Oil

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Trump says millions of barrels of oil flowing through Strait of Hormuz

- US president says American forces have removed 2 vessels involved in laying mines in strategic waterway

28.08.2026 Oil

Italy extends diesel tax cut as Premier Meloni faces pressure over fuel costs

- Government prolongs relief through Sept. 5 to ease the impact of higher oil prices, as living-cost concerns emerge as a key political challenge

27.08.2026 Oil

TotalEnergies exits Russia's Arctic LNG 2

- Company retains potential reimbursement of about $1.3 billion in shareholder loans

27.08.2026 Finance

US crude oil inventories edge up in week ending Aug. 21

- Daily crude oil production rises to around 13.84 million barrels per day

27.08.2026 Oil

Kazakhstan says its Kondensat oil refinery to process Russian oil

- Energy minister says agreement in place to export 70% of facility’s output to Russia, while 30% of in-demand petroleum products will remain in Kazakhstan

25.08.2026 Oil